Examples of Buyout Date in a sentence
On the Buyout Date, Buyer shall deliver the Buyout Consideration to Resistys.
For the avoidance of doubt, payment of the Fair Market Value shall be in lieu of and instead of any payments described in Section 4(a) accruing from and after the Buyout Date.
If Purchaser confirms its intent to proceed with its option to purchase as specified above, the Parties shall promptly execute all documents necessary to (A) cause title and ownership of the applicable System to pass to Purchaser on the Buyout Date, free and clear of any liens, and (B) assign all warranties for the applicable System to Purchaser.
On the Buyout Date, the defaulting Party and each purchasing Party shall comply with the requirements of Section 13.4, to the extent applicable.
Purchaser shall pay the Fair Market Value to Seller on or about the Buyout Date, in accordance with any previous written instructions delivered to Purchaser by Seller for payments under the Agreement.